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The History of Psychedelics (Part 2 of 2)





The following content is sponsored by Tryp Therapeutics.

history of psychedelics part 2 infographic

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The History of Psychedelics (Part 2 of 2)

In part one of this two-part series, we unearthed the story behind the prohibition of psychedelic substances, and how strict regulations resulted in a hugely stigmatized industry.

Over the last decade however, new breakthroughs proving the untapped therapeutic potential of medicinal psychedelics are coming to the fore, leading many to believe that restricting them may have in fact been premature.

The graphic above from Tryp Therapeutics is the last in a two part series that explores how psychedelics have evolved over the last 6,000 years.

The Psychedelic Renaissance

After decades of being labeled as illegal narcotics, the industry reinvented itself as a viable solution for treating hard-to-treat illnesses in a safe and controlled way.

“Psychedelics, used responsibly and with proper caution, would be for psychiatry what the microscope is for biology and medicine or the telescope is for astronomy.”

—Stanislav Grof

This unprecedented comeback has sparked a global medicinal psychedelics movement, with the U.S. leading the way in decriminalizing these powerful drugs.

YearMilestoneRegion
2017
(Aug)
The FDA grants MDMA-assisted psychotherapy Breakthrough Therapy StatusU.S.
2018
(Aug)
COMPASS Pathways receives Breakthrough Therapy Status from the FDA for a psilocybin synthetic derivativeU.S.
2019
(March)
Esketamine is approved in the form of Spravato by the FDA, followed by European Commission approvalGlobal
2019
(June)
Denver, Colorado and Oakland, California vote to decriminalize psilocybin mushroomsU.S.
2019
(Nov)
The world’s first microdosing study using LSD is approved in AucklandNew Zealand
2019
(Nov)
Usona Institute receives Breakthrough Therapy Status for psilocybin treatment for Major Depression Disorder (MDD) U.S.
2020
(Feb)
Santa Cruz, California votes to decriminalize psychedelic substances including psilocybin, ayahuasca, and peyoteU.S.
2020
(March)
MindMed becomes the first publicly traded psychedelics companyU.S.
2020
(July)
More than 45 companies claim to be engaged in the development and evaluation of therapeutic candidates from psychedelic substancesGlobal
2020
(Nov)
Oregon legalizes psilocybin and decriminalizes all drugsU.S
2020
(Nov)
Washington, DC decriminalizes entheogenic psychedelicsU.S
2020
(Nov)
New research suggests DMT can stimulate the production of new brain cellsSpain
2020
(Dec)
MAPS completes first successful Phase III trial of MDMA-assisted psychotherapyU.S.
2020
(Dec)
Analysts announce that psychedelics could become a $100 billion marketGlobal

With study after study proving the many benefits of utilizing psychedelic substances for a range of both mental and physical conditions, huge progress in legitimizing this once stigmatized industry is now being made.

The Future of Psychedelics

Psychedelics’ newfound momentum looks set to continue well into 2021 and beyond, with the first major milestones hinting at what the next decade could hold for the industry.

YearMilestoneRegion
2021 (Jan)In Hawaii, a Senate bill put forward in January could legalize psilocybin and psilocin, otherwise known as magic mushroomsU.S.
2021 (Feb)With California now introducing new legislation to decriminalize most psychedelic substances, we could see a sea-change of decriminalization across the worldU.S.
2021 (March)Over 285 active, soon to be active, and completed psychedelics trials are recorded around the world Global

The next chapter in the psychedelics story will center around biotechnology, new drug discoveries, and the many unknown applications of each of these substances.

Currently, the application of therapeutic psychedelics has mainly been targeted toward mental health conditions such as depression and anxiety. However, we have only scratched the surface when it comes to the myriad of ways we could harness the power of these sacred plants.

A New Era of Medicine

While the history of psychedelics is undoubtedly complex, it is clear that they are starting to play an important role in the evolution of medicine.

Even though studies on these substances were halted in the past, new research has proven the potential psychedelics have to alleviate some of the most hard-to-treat diseases when used in a safe, controlled environment.

As a result, these groundbreaking drugs could save millions of lives and add trillions of dollars to the global economy—and that’s just the beginning.

Tryp Therapeutics is an early leader in the psychedelic medicine space. The pharmaceutical company leverages the therapeutic properties of psilocybin to create new solutions for the treatment of diseases with high unmet medical needs.

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The post The History of Psychedelics (Part 2 of 2) appeared first on Visual Capitalist.

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